AB’s global CEO sheds light on changing dynamics in funds management, and suggests response to new investment risks

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New dynamics are coming to the fore in the way that global and Australian fund managers think about their businesses and deliver value for clients, the global head of investment

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Concentrated equity strategies can boost returns and reduce downside in volatile markets, AB

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Investors seeking refuge from equity-market volatility in passive strategies should consider combining them with a concentrated equity allocation to improve overall risk-adjusted returns, global asset manager AllianceBernstein (AB) said yesterday.

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Inflation targeting: Good strategy, but poor structure

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The monetary policy experiment of inflation targeting has failed to produce a more stable macroeconomic environment. The failure doesn’t stem from the wrong objective, but from the poor structure of

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Liquidity flows: Economic cycle still on sustainable path

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The US economy has faced persistent fears of setbacks, but the recovery continues to move forward. Our proprietary liquidity indicator suggests that the economic cycle remains on solid ground and

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Bonds still have a role in diversified portfolios: AB

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Despite bond yields at historical lows and interest rates rising in the US, bonds still have a role to play in diversified portfolios as a way of mitigating the shocks

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The economy and Fed policy

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Real GDP growth rose by a 0.7% annualized rate in the fourth quarter, hurt by continuing cutbacks in energy capital spending, inventory liquidation and foreign trade. The bruising impact of

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Disruptive effects of oil-price plunge

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Compared to past cycles, the oil-price plunge from mid-2014 through early 2016 has proven to be longer in duration as well as larger in scale. In turn, the adjustments in

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Pricing power adds pep to equities, says AB

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With China and emerging markets slowing down and fragile recoveries in the US and Europe, investors will struggle to find companies that can reliably increase earnings this year, says global

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China’s FV policy in a tough balancing act

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An ongoing liberalization of China’s currency and capital account is under threat as the renminbi falls, capital outflows intensify and foreign reserves dwindle. Forging ahead with the reform and taking

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The Euro area in 2016: Solid growth, low inflation, easier policy

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We expect the recovery to continue in 2016, but growth is unlikely to be strong enough to generate a sustained increase in core inflation. In which case, the ECB is

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